E-Debit In final stages of upgrading financial switching operations

 
Dec. 6, 2012

E-Debit Global Corp., which maintains and services a national ATM network across Canada, has announced the transition of its digital communication network to add the next level of security and redundancy to its Financial Switching Operations.

The company's electronic payment processing unit, WSI, has been at work during the past eight months with communication partners Shaw Communications, Bell Communications and TELUS to make the transition, said WSI CEO Sonja Dreyer.

Dreyer said that the upgrade is "end-to-end" and includes the move of data centers in the U.S. and Canada to new PCI-compliant facilities under the GROUP-LINK banner.

"Our experience to date has met the challenge of the new requirements related to chip-based card product processing and EMV protocols and at the same time has increased speed of transaction processing by a minimum of 25 percent," Dreyer said. "With this transition we are now in total control of our communication protocols and [have] significantly reduced our reliance on non-affiliated contracted managed services to connect, operate and service our switching platform."

With the transition to the new fiber communication system complete, Dreyer said that E-Debit would be able to expand its focus to custom payment solutions across private-label, travel and entertainment and fleet cards, and also expand its reach within the Canadian ATM and POS market with contracted switching services.

For more on this topic, visit the networking/connectivity research center.


Topics: Networking / Connectivity , North America , Transaction Processing


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